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Global Economy Cools In October 2022,
Reversing 2022-Q3 Rebound
The Earth's economy cooled in October, reversing what had been a strong rebound in the third quarter of 2022.
That's the assessment of how the pace at which carbon dioxide is being added to the Earth's atmosphere changed during the first month of the fourth quarter of 2022. That change comes as signs that the United States economy, the Eurozone's economy, and China's economy are all showing cracks after they rebounded during the preceding quarter.
The latest update to Political Calculations' chart illustrating the rate at which CO₂ is accumulating in the Earth's air shows the results of the rebounds taking place in the world's two largest economies
Because China is the world's largest emitter of CO₂ by a very wide margin, what's happening with its economy plays an outsize role in how much carbon dioxide is added to the Earth's air. During October 2022, China's government ramped up its ongoing COVID-zero lockdowns, seriously disrupting the nation's economy ...
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Liberal democracies face multiple external challenges from autocracies across the world, as well as internal challenges from populist politicians, nativism, and the normalization of incivility in media and political discourses. Character assassination (CA) often accompanies these political and social conflicts, especially when unresolved ideological and moral issues are involved. Social conflicts become aggravated when moral issues intermix with political and economic factors. Factions then resort to persuasive attacks on character to delegitimize and disempower their opponents. This increased polarization and aggressiveness of elite rhetoric likely foster voters’ cynicism and discontent with politics as usual. The increasing gap between liberal elites and the disgruntled electorate, in turn, likely provides even more fertile ground for intra-elite conflict and paves the way for illiberal conceptions of the democratic order.
